Bahrain-based First Leasing Bank (FLB) announced the appointment of Adel Mohamad Janahi as Senior Manager –Human Resources and Administration. The Bank, an affiliate of Ithmaar Bank, is pioneering the Gulf’s small but rapidly expanding market for equipment leasing and fueling economic growth in the region.

“Adel comes to the Bank with a wealth of experience in human resources and administration in a career focused on the field of financial services. Adel will assist in the development and achievement of First Leasing Bank’s corporate objectives, which include creating a world class human resources activity, continuing our aggressive expansion, and maintaining the highest levels of customer service,” said FLB Chief Executive Officer, James A. Cracco. “All our employees and customers will benefit from his knowledge, experience and sense of commitment.

Janahi comes to the Bank after more than 20 years at Bahrain Commercial Facilities Company, most of which he spent serving as Human Resources and Administration Manager. In that role, he was given broad responsibilities, ranging from developing HR policies and recruitment to administering records and office management. A Bahraini national, Janahi holds a B.Sc. in Banking and Finance from the University of Bahrain. He holds several other qualifications and certificates related to his chosen field, including a Strategic HR Management qualification from University of California and a certificate on Managing Personnel and Employee Relations from Cranfield University, UK. He is also a member of the Association of Human Resources Management.

“I am thrilled to accept this challenge and am grateful for the trust that has been placed in me. Being the first bank in the Gulf catering specifically to equipment leasing makes FLB unique among the region’s financial institutions,” said Janahi.

“This will certainly create unique circumstances that may require creative solutions. I look forward to providing FLB with the support it needs to achieve its ambitious growth targets,” he added.

About First Leasing Bank B.S.C.(c): Established in August 2004, FLB has a paid-up capital of US$100 million, and is the first bank in the GCC dedicated exclusively to the introduction and expansion of equipment leasing throughout the region. The Bank provides finance and operating leases for most asset classes, including industrial, manufacturing, medical, printing and publishing, construction, telecommunications, IT, transportation and marine.